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Links 2/25/2021 | naked capitalism


The time has come to tell Americans that
there is no escape from global responsibility, that they have to think beyond the protection of the homeland. They need to understand that the purpose of NATO and other alliances is to defend not against direct threats to U.S. interests but against a
breakdown of the order that best serves
those interests. They need to be told honestly that the task of maintaining a world order is unending and fraught with costs but preferable to the alternative.
So $1.7T today, $2.7T tomorrow, get used to it, there is no “escape from global responsibility” even if your citizens don’t have shelter, food, or healthcare. We can’t have the global order or the interest it serves breakdown. ....

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In Pakistan, talk of Israel and 'Jewish money' is rocking politics (again)


In Pakistan, Talk of Israel and Jewish Money Is Rocking Politics (Again)
Pakistan s opposition hosts Hamas at mass rallies against a Jewish-Indian plot : Illegal funding for Prime Minister Imran Khan s army-backed party, in exchange for normalizing relations with Israel. It’s a potent rallying cry
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Open gallery view
A flag flutters during an anti-Israel rally organized in January by Jamiat Ulema-e-Islam-Fazal (JUI-F) in Karachi, Pakistan.Credit: AKHTAR SOOMRO/ REUTERS
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Barry C. Schneps.
That’s the unlikely name on the lips of a swathe of Pakistani opposition figures, who allege he is the Israeli mastermind behind an illegal decade-old scheme to fund Prime Minister Imran Khan for the nefarious benefit of the State of Israel, including recent chatter about the possibility of Pakistan’s recognition of the Jewish state. ....

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